Question 10 Al Baraka latamu Bank, a multinational bank (MN) located in Bahrain has BD20 million...
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Question 10 Al Baraka latamu Bank, a multinational bank (MN) located in Bahrain has BD20 million surplus funds and plans to gemee on Mudarabe based financing Suppose, Ihmaar bank needs similar amounts of funds for these 1. Both pertes agree on 60-40 Mudaraba profit sharing ratio in favor of Al Baraka Bank 2. Suppose maar bank declares profits of 4% per annum before distribution i 3 The tenure of this transaction is 30 days Required Question 1: How much profits Al baraka will receive? Show your work Question 2: What is the annual rate of return? Show your work. For the toolbar, press ALT+F10(PC)or ALT+FN+F10 (Mac). BIUS Paragraph Arial ( x x2 10pt - Question 10 Al Baraka latamu Bank, a multinational bank (MN) located in Bahrain has BD20 million surplus funds and plans to gemee on Mudarabe based financing Suppose, Ihmaar bank needs similar amounts of funds for these 1. Both pertes agree on 60-40 Mudaraba profit sharing ratio in favor of Al Baraka Bank 2. Suppose maar bank declares profits of 4% per annum before distribution i 3 The tenure of this transaction is 30 days Required Question 1: How much profits Al baraka will receive? Show your work Question 2: What is the annual rate of return? Show your work. For the toolbar, press ALT+F10(PC)or ALT+FN+F10 (Mac). BIUS Paragraph Arial ( x x2 10pt -
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